Apple Stock Is A Strong Buy, Expert Says. Here’s Why

TheStreet2021-03-19

evercore ISI’s analyst Amit Daryanani has been one of the latest Wall Street analysts to publish a report on Apple stock. While he has maintained his bullish rating on the shares intact, he upped the ...

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Comments

Sabrina Tsai
2021-03-21
Sabrina Tsai
$Apple(AAPL)$strong buy , target price $175[暗中觀察]
- ICEsh00ter:
  yeah!
Wallstrtbets
2021-03-21
Wallstrtbets
Just buy, don't ask why.
TripleWin
2021-03-20
TripleWin
Will buy
Yu_Zero
2021-03-20
Yu_Zero
apple is overpriced now
AJ1977
2021-03-20
AJ1977
Why apple not up!!!
- AJ1977:
  Come on apple!!
muhdfaris
2021-03-19
muhdfaris
buy buy buy

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While he has maintained his bullish rating on the shares intact, he upped the ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-is-a-strong-buy-expert-says-heres-why\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/stock/apple-stock-is-a-strong-buy-expert-says-heres-why","article_id":"1147443878","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147443878","pubTimestamp":1616117641,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"evercore ISI’s analyst Amit Daryanani has been one of the latest Wall Street analysts to publish a report on Apple stock. 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While he has maintained his bullish rating on the shares intact, he upped the ante and set a Street-high price target of $175 apiece this week – for upside of over 40% from current levels.\nToday, the Apple Maven looks closer into why the analyst believes Apple is such a strong buy today. I then add the perspective of another bullish expert, who believes Apple’s market value is heading to $3 trillion in the foreseeable future.\nNot all about the iPhone\nApple has been most closely associated with iPhones in the past decade and a half. But this analyst supports his bullish thesis on factors that do not always make the headlines: services and wearables.\nHere is what Evercore currently sees:\n\n “A clear path to $100 billion in services revenue by fiscal 2025 and $70 billion for wearables. The growth should help drive margin expansion and help smooth out the cyclical nature of the hardware business.”\n\nShould the research shop be right about the services opportunity, Apple would effectively double segment revenues in five years, as it did between 2016 and 2020. I recently argued that the feat could be achieved, especially with the introduction of new service offerings (that are either too nascent or have yet to caught on, such as Fitness+ and Arcade+) and the launch of the Apple One bundle.\nOn the wearables side, growing to $70 billion by 2025 would mean more than doubling fiscal 2020 revenues of $31 billion. 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buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350579216","repostId":1147443878,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":350681963,"gmtCreate":1616201298852,"gmtModify":1704792094406,"author":{"id":"3578303104730307","authorId":"3578303104730307","name":"Yu_Zero","avatar":"https://static.tigerbbs.com/07e5d31255906046230458366e355b62","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578303104730307","authorIdStr":"3578303104730307"},"htmlText":"apple is overpriced now&nbsp;","listText":"apple is overpriced now&nbsp;","text":"apple is overpriced now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350681963","repostId":1147443878,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":350841409,"gmtCreate":1616195194601,"gmtModify":1704792013639,"author":{"id":"3574411684600657","authorId":"3574411684600657","name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574411684600657","authorIdStr":"3574411684600657"},"htmlText":"Why apple not up!!!","listText":"Why apple not up!!!","text":"Why apple not up!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/350841409","repostId":1147443878,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3838644,"gmtCreate":1616195208660,"gmtModify":1680781044110,"authorId":3574411684600657,"author":{"id":3574411684600657,"idStr":"3574411684600657","authorId":3574411684600657,"name":"AJ1977","avatar":"https://static.tigerbbs.com/aa526fc2ee7ebbfedc30edc637c7981f","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches 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